Car and truck rental priced at$20 in 2000→$23.91 in 2017

Historical Price Inflation for Car and truck rental

Prices for Car And Truck Rental, 2000-2017 ($20)

According to the U.S. Bureau of Labor Statistics, prices for car and truck rental were
19.57% higher
in 2017 versus 2000.

Between 2000 and 2017:Car and truck rental experienced an average inflation rate of 1.06% per year.
In other words, car and truck rental costing $20 in the year 2000 would cost $23.91 in 2017 for an equivalent purchase.
Compared to the overall inflation rate of 2.10% during this same period, inflation for car and truck rental was
lower.

In the year 2000: Pricing changed by 2.93%,
above the average yearly
change for car and truck rental during the 2000-2017 time period.
Compared to inflation for all items in 2000 (3.38%), price inflation for car and truck rental was
lower.

Price Inflation for Car and truck rental since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
2009 (8.39%),
2002 (5.55%),
and 2001 (-3.86%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Car and truck rental:

How to calculate the inflation rate for car and truck rental, 2000-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 2000* 2000 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Car and truck rental was 107.692 in the year 2000 and 128.772 in 2017:

128.772 / 107.692* $20 = $23.91

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $23.91 in 2017 (in the category of Car and truck rental).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Car and truck rental in 1997. In addition to car and truck rental, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.